Suburb Profile Report for Moree NSW (2400)

Moree House: Median price $214,350, Annual capital growth 2.60%, Number of sales 159, Weekly median advertised rent $280

Moree Unit: Median price $180,000, Annual capital growth -5.42%, Number of sales 11, Weekly median advertised rent $245

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Moree, 2400 have given investors a capital gain of -12.51%. This compares very badly with the 7.28% for NSW as a whole.

Across a shorter period, Moree, 2400 has seen a median price increase of -2.57% over the last quarter.

Our latest figures would indicate that property sellers in Moree are currently offering property investors an average price cut of -9.79% below the asking price at the moment.

A $280 per week rent on the median house gives suburb investors a gross yield of circa 6.79%, without taking into account capital value appreciation, which has been averaging out at 2.60%.

Over the last year, property investments in Moree, 2400 have given investors a capital gain of 24.14%. This compares very favourably with the 5.73% for NSW as a whole.

HOUSE UNIT
$214,350 $180,000
-2.57% 2.86%
-12.51% 24.14%
2.60% -5.42%
$280 $245
159 11
6.79% 7.08%
118.35 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 9346
Median household income ($/weekly) 1084
Median age of persons 36
Median housing loan repayment ($/monthly) 1324
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1272 13.6
    25-34 years 1224 13.1
    35-44 years 1295 13.9
    45-54 years 1227 13.1
    55-64 years 1030 11.0
    Others 3299 35.3
    Age Group
    Census Count Percent(%)
    Registered Married 2702 45.2
    Not Married 2549 42.6
    Defacto Relationship 727 12.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 7834 94.4
    Indonesia 47 0.6
    Papua New Guinea 68 0.8
    United Kingdom 86 1.0
    Other 66 0.8
    Others 196 2.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 28 0.3
    Christianity 7150 87.4
    Hinduism 43 0.5
    Other Religious Groups 16 0.2
    No Religion 918 11.2
    Others 24 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 289 10.3
    $600-$799 289 10.3
    $1,000-$1,249 284 10.2
    $1,250-$1,499 281 10.0
    $1,500-$1,999 332 11.9
    Others 1322 47.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2753 42.8
    Not in the labour force 2180 33.9
    Employed, worked part-time 989 15.4
    Unemployed, looking for work 270 4.2
    Employed, away from work 244 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 654 16.4
    Professionals 602 15.1
    Technicians & trades workers 545 13.7
    Clerical & administrative workers 570 14.3
    Labourers 424 10.6
    Others 1192 29.9
    Occupation
    Census Count Percent(%)
    Pre-school 198 10.6
    Infants/Primary 776 41.5
    Secondary 514 27.5
    Technical or Further Educational Institution 210 11.2
    University or other Tertiary Institutions 135 7.2
    Others 36 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7122 88.3
    Flat, unit or apartment 575 7.1
    Semi-detached, row or terrace house, townhouse 294 3.6
    Caravan, cabin, houseboat 50 0.6
    House or flat attached to a shop, office 21 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1306 41.9
    Fully owned 903 29.0
    Being purchased 882 28.3
    Other tenure type 25 0.8
    Tenure Type
Census 2011, ABS
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